Global commodity prices are projected to fall about 7 % in both 2025 and 2026, reaching their lowest levels in six years according to the World Bank. Major drivers include weak global growth, an oil surplus, and trade policy uncertainty. Falling energy and food-grain prices are helping ease inflation, although precious metals remain resilient amid safe-haven demand. The outlook poses headwinds for commodity-exporting economies while benefiting import-heavy nations that may see lower inflation and stronger consumption.